DAX rises 2.8% on tariff exemptions, uncertainty remains.
From Nasdaq: 2025-04-14 05:15:00
German stocks surged on Monday as global markets rallied, following Trump’s exemptions for smartphones, computers, and semiconductors from reciprocal tariffs. However, there is uncertainty as exemptions are not permanent. DAX rose by 2.84% to 20,946.16, with Deutsche Bank up by 4.75%. Trade talks between the U.S. and the EU are ongoing, with EU Trade Commissioner Maros Sefcovic meeting U.S. officials. Some companies like Sartorius, Siemens Energy, and Infineon Technologies saw gains, while Salzgitter AG dropped by 2.1% after ending takeover talks. Other major companies also experienced gains ranging from 2 to 4.75%.
Read more at Nasdaq: DAX Rises 2.8% As Stocks Rise On Some Tariff Exemptions
